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How's the Market in Sandy Springs

8 years ago1,188 Views

Sandy Springs homes for sale, like many markets in North Fulton,
have not suffered the slowdown of Metro Atlanta as a whole or the
rest of the country for that matter. I am not trying to paint a
perfect picture here, but, some of what we hear on television and
the news does not necessarily apply to us here on a local level.
Here is a snapshot of Sandy Springs
homes for sale compared with all of Metro Atlanta.

There are 501 Sandy Springs homes for sale.

42 homes in Sandy Springs are working on an offer.

91 homes sold in the last 3 months.

The absorption rate to sell all Sandy Springs homes is 16
months.

Now these numbers may not sound like a hot market, but, you have
to consider something very important when you look at market
statistics like these. The average value of a home is $706,000 If
we look at the Greater Metro Atlanta area and compared apples to
apples - that is, homes similar in value, we will see what I am
talking about.

The first thing you will see is that in all of Atlanta, there
have been 237 homes sold between $650,000 and $750,000 in the same
time period. That means that Sandy Springs homes sold make up 38%
of all the sales.

There are 1,531 homes for sale in Atlanta at this price
point.

There are 81 homes working on offers - 42 in Sandy
Springs.

The absorption rate for all of Metro Atlanta is over 19 months
compared with about 16 months in Sandy Springs.

So if you look and see what happens when you compare apples to
apples, you can get a better idea of the true conditions in the
market. In the case of Sandy Springs homes for sale, that market is
not so bad.

I am REALTOR® serving the North Atlanta Real Estate Market
including Alpharetta, Buckhead, Chastain Park, Dunwoody, East Cobb,
Roswell, Sandy Springs, Milton and John's Creek. I operate Premier
Atlanta Real Estate, LLC - a full team of exceptional real estate
agents and office personnel to represent all of our clients with
the highest level of service in the Atlanta
Real Estate market. If you have any questions, please do not
hesitate to call or email me and I will be happy to help.

I'm also a member, Institute for Luxury Home Marketing and
Certified Luxury Home Marketing Specialist. Contact me if you are
interested in buying or selling in the
Atlanta Luxury Real Estate market.